January 2, 2025
Vietnam’s pepper exports drop 11.7 percent in November
The United States remained the largest importer, contributing US$39.55 million in November, a modest 2.92 percent increase from October, bringing its year-to-date total to US$377.50 million.
How to Import Footwear Materials to Vietnam 2025: Sources, Shipping, Customs & More
Vietnam footwear materials manufacturers count themselves as part of one of the biggest footwear materials manufacturing industries in the world. Trailing only India and China, this relatively small country exported footwear materials to the tune of US$19.94 billion in 2023, made for some of the most well-known footwear materials brands. This is inline with one of the world’s largest footwear manufacturing industries in the world…
How to Import Clothing Materials to Vietnam: Sources, Shipping, Customs & More
Importing clothing materials into Vietnam for foreign firms can be tricky. Not only are there a number of technical and legal requirements that need to be met, but a myriad of free trade agreements has made navigating tariffs and trade restrictions complex…
Vietnam’s footwear manufacturing sector achieves remarkable growth in November
Year-on-year, footwear manufacturing achieved impressive growth of 18.47 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector recorded cumulative growth of 12.58 percent compared to the same timeframe last year, showcasing its vital role in Vietnam’s export economy.
Vietnam’s cashew nut exports experience slight drop in November
China topped the list of importers with US$95.43 million in November, a significant 27.32 percent increase compared to the previous month. The United States followed closely with US$93.14 million, although this represented an 8.96 percent decrease.
Vietnam’s motor vehicle manufacturing sector soars in November
Year-on-year, the industry recorded a remarkable 36.17 percent growth in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth reached 18.33 percent, cementing motor vehicle manufacturing as a key driver of Vietnam’s industrial growth.
Vietnam Airlines is expecting a record profit despite huge accumulated losses
The head of Vietnam Airlines told a conference the airline is expecting a pre-tax profit of VND 7,300 billion or about US$286.4 million. Whereas at face value this looks to be good news for the airline, the reality is that its situation is much more complex…
Vietnam central banks raises credit growth limit/target for 2025 to 16 percent
Of note, whereas Vietnam in the first instance introduced credit growth limits to stymie out of control inflation, it has since reorientated credit growth policy to facilitate economic growth. This is seeing private debt rise rapidly along with bad debts as banks push lending on to consumers rather than due to growing demand.
Vietnam casino to stop admitting locals from 2025 at pilot program’s end
Of note, this has not been covered by the local press though it’s not immediately clear why and coverage in the international press is limited.
Vietnam housing supply in 2024 just 7 percent of pre-pandemic levels
Vietnam’s housing supply reached just seven percent of its pre pandemic levels in 2024, according to report from the Vietnam Association of Realtors…
How to Open a Retail Store in Vietnam 2025: Consumer Trends, Setup & More
Opening a retail store in Vietnam for foreign firms, however, is not always easy. Not only are there a number of technical requirements that need to be met, but Vietnam has also developed its own retail store culture, putting its own twist on retail store shopping experiences…
Russian tourist arrivals in Vietnam increase by 40.93 percent in November
Year-to-date, Russian arrivals reached 203,780, reflecting a remarkable 89.1 percent growth compared to the same period last year. Russia remains a significant source market for Vietnam, showcasing strong demand for leisure travel.
Vietnam’s ores and minerals exports slump in November
Japan emerged as a standout market, importing US$3.02 million, a staggering increase of 5,840 percent compared to the previous month.
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It